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Swedish and Estonian watchdogs open joint Swedbank probe

1 hour ago DieselGasoil Comments Off on Swedish and Estonian watchdogs open joint Swedbank probe
STOCKHOLM (Reuters) – Sweden’s and Estonia’s financial watchdogs have opened a joint investigation following a media report linking Swedbank to a Baltic money laundering scandal involving Danske Bank, they said on Thursday. FILE PHOTO: Swedbank’s logo is pictured on its Lithuanian headquarters in Vilnius, Lithuania, in this May 10, 2014 file photo. REUTERS/Ints Kalnins/File Photo Read More

Swedish watchdog calls Swedbank money laundering report 'very serious'

5 hours ago DieselGasoil Comments Off on Swedish watchdog calls Swedbank money laundering report 'very serious'
STOCKHOLM (Reuters) – Sweden’s financial watchdog said allegations in a media report linking Swedbank to a Baltic money laundering scandal, involving Danske Bank were “very serious” as shares in the Swedish bank tumbled on Thursday. Danske is being investigated in five countries over some 200 billion euros ($226 billion) of suspicious payments from Russia, ex-Soviet Read More

Investor Browder to file criminal complaint against Swedbank

6 hours ago DieselGasoil Comments Off on Investor Browder to file criminal complaint against Swedbank
STOCKHOLM (Reuters) – Bill Browder, founder and CEO of investment fund Hermitage Capital Management, intends to file a criminal complaint against Swedbank with Swedish authorities over its involvement in alleged Baltic money laundering transactions, he said on Thursday. “It is my intention to file a criminal complaint against Swedbank,” Browder told Reuters, declining to specify Read More

Swedbank falls further on lingering money laundering worries

6 hours ago DieselGasoil Comments Off on Swedbank falls further on lingering money laundering worries
STOCKHOLM (Reuters) – Swedbank’s shares slid more than 7 percent on Thursday, adding to heavy losses from a day earlier when a report linked one of the biggest lenders in the Baltic countries to a regional money laundering scandal involving Danske Bank. FILE PHOTO: Swedbank’s logo is pictured on its Lithuanian headquarters in Vilnius, Lithuania, Read More

Standard Chartered sets aside $900 million to cover U.S., British fines

15 hours ago DieselGasoil Comments Off on Standard Chartered sets aside $900 million to cover U.S., British fines
(Reuters) – Standard Chartered PLC (StanChart) has set aside $900 million to cover fines resulting from investigations by regulators in Britain and the United States, it said on Thursday, sending its shares down 1 percent. People walk inside the main branch of Standard Chartered in Hong Kong, China August 1, 2017. REUTERS/Bobby Yip/File Photo The Read More

StanChart fined $133 million by Britain's financial watchdog

17 hours ago DieselGasoil Comments Off on StanChart fined $133 million by Britain's financial watchdog
People walk inside the main branch of Standard Chartered in Hong Kong, China August 1, 2017. REUTERS/Bobby Yip/File Photo (Reuters) – Standard Chartered Plc said on Wednesday Britain’s financial watchdog has imposed a fine of 102.2 million pound ($133.3 million) in relation to its investigation into the bank’s historical financial crime controls. In a filing Read More

Weekly share repurchase program transaction details

24 hours ago DieselGasoil Comments Off on Weekly share repurchase program transaction details
Febuary 20, 2019  SBM Offshore reports the transaction details related to its EUR175 million (c. US$200 million) share repurchase program for the period February 14, 2019 through February 20, 2019. The repurchases were made under the EUR175 million share repurchase program announced on and effective from February 14th 2019.  The objective of the program is to Read More

Estonia investigates alleged Swedbank link to money laundering scandal

1 day ago DieselGasoil Comments Off on Estonia investigates alleged Swedbank link to money laundering scandal
STOCKHOLM (Reuters) – Estonia is investigating allegations linking Swedbank to suspicious transactions in the country involving Danske Bank, Estonia’s state prosecutor said on Wednesday. The Swedbank logo is pictured on its branch in Riga October 21, 2014. REUTERS/Ints Kalnins Danske is being investigated in its home market of Denmark, Estonia, Britain, France and the United Read More

Targa Resources Corp. Reports Fourth Quarter and Full Year 2018 Financial Results and Provides 2019 Operational and Financial Guidance

1 day ago DieselGasoil Comments Off on Targa Resources Corp. Reports Fourth Quarter and Full Year 2018 Financial Results and Provides 2019 Operational and Financial Guidance
HOUSTON, Feb. 20, 2019 (GLOBE NEWSWIRE) — Targa Resources Corp. (NYSE: TRGP) (“TRC”, the “Company” or “Targa”) today reported fourth quarter and full year 2018 results. Fourth Quarter and Full Year 2018 Financial Results Fourth quarter 2018 net income (loss) attributable to Targa Resources Corp. was ($106.4) million compared to $283.1 million for the fourth quarter Read More